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Mitsubishi Scrappage – now on 5 year old cars

Mitsubishi are now offering the Scrappage allowance on cars from 5 years old [ad#ad-1] Despite our reservations about the Scrappage scheme in the UK, it would seem that it is proving to be a good handle to hang sales publicity on for car makers. Hyundai have told us about their successes and the interesting trade-ins they’ve had on cars sold under the Scrappage scheme, and we reported recently on two guys buying Nissan GT-Rs with the Scrappage allowance. And now Mitsubishi are using the Scrappage scheme to promote new car sales.

One Lap of the Web: The Worst Cars in the World Edition

-- The first annual "Wal-Mart Car Show" is actually an Internet gallery featuring wood-bedecked Oldsmobiles, sponged minivans, Avatar tribute Silverados, and Subaru Outbacks with giant logs for bumpers. There's no offical judging, so feel free to draw your own conclusions about the drivers of these questionable vehicles. -- A Mitsubishi has many similarities to a Ferrari.

Caterham reveals new SP/300R race car

British specialty-car maker Caterham unveiled its new SP/300R sports prototype race car and a plan for creating a one-make series in 2012 on Thursday at the Autosport International Show in Birmingham, England. The SP/300R is powered by a supercharged 2.0-liter Ford Duratec four-cylinder engine. It produces 299 hp and 213 lb-ft of torque.